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Studio · 420 sqftCrystal Residences, Jumeirah Village Circle (JVC) · 2nd floor · completed 2018

242, Crystal Residences

Sold prices and rental history: sold twice, last in September 2022, and rented since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 242 · DLD and Ejari recordsUpdated 5 September 2022
Last soldAED 325K5 September 2022
Current rentAED 24K /yr24 June 2020
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 242, Crystal Residences

What is 242 worth today?

Last sold for AED 325,000 in 2022

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5 Sep 2022SoldReady
AED 325,000AED 773 per sqft
24 Jun 2020RentedNew contract
AED 24,000/yr12 months · AED 57 per sqft
27 Apr 2019RentedNew contract
AED 30,000/yr12 months · AED 71 per sqft
30 Mar 2017Sold by developerOff-plan
AED 397,100AED 944 per sqft

Source: Dubai Land Department. Updated 5 September 2022.

Key facts

Type
Studio apartment
Size
420 sqft
Floor
2nd of 5
Parking
P-120
Developer
Myra Real Estate Deveiopment
Completed
2018
Service charge
AED 5,500 /yr
Last sold
AED 325K · September 2022
Building
Crystal Residences

About 242, Crystal Residences

242 is a studio of 420 sqft on the 2nd floor of Crystal Residences, a 5-storey tower in Jumeirah Village Circle (JVC) completed in 2018 by Myra Real Estate Deveiopment . It last sold on 5 September 2022 for AED 325,000, or AED 773 per sqft, 10% below the AED 863 studios in the building were fetching at the time.

It has been rented since 2019 on 2 Ejari contracts. The current contract, signed on 24 June 2020, is AED 24,000 a year: a gross yield of 7.4% on the 2022 price, before the service charge of about AED 5,500 a year.

Sales and rents for 242 over time

Sales
Unit 242, each saleTypical studio in Crystal Residences
400K600K2016201920222025Typical sale price by year: 2016 AED 405,175; 2017 AED 407,462; 2018 AED 414,280; 2019 AED 405,000; 2020 AED 335,000; 2021 AED 330,000; 2022 AED 400,000; 2023 AED 422,500; 2024 AED 500,000; 2025 AED 580,000; 2026 AED 500,000Sold by developer, March 2017: AED 397,100 (AED 944 per sqft)Sold, September 2022: AED 325,000 (AED 773 per sqft)

242 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit 242, each contractTypical studio in Crystal Residences
30K40K20192021202320252027Typical rent by year: 2019 AED 34,000; 2020 AED 27,500; 2021 AED 25,000; 2022 AED 29,000; 2023 AED 34,325; 2024 AED 42,000; 2025 AED 45,000; 2026 AED 45,000New contract, April 2019: AED 30,000 a yearNew contract, June 2020: AED 24,000 a year

Annual rent on each registered contract; the dashed line is the studio median of each year in the building.

Studios in Crystal Residences, and where 242 sits

All 142 studios →

242 last sold in September 2022 at AED 773 per sqft, 10% below what studios in Crystal Residences were fetching at the time (AED 863). Over the last 12 months studios sold for AED 500,000 to 530,000, around AED 974 per sqft, and rent for AED 38,000 to 70,000 a year. 242's AED 24,000 is at the bottom of that range.

Recent studio salesUnit no.Price (AED)Summary
23 Jul 2026530,000
18 May 2026500,000
19 Jan 2026500,000
23 Oct 2025575,000
3 studio sales in the last 12 months

Crystal Residences

Building

225 apartments, studios to 3-bed over 5 floors in Jumeirah Village Circle (JVC), completed in 2018 by Myra Real Estate Deveiopment . 7 sold in the last 12 months.

Typical price per sqft
AED 974
Typical sale
AED 560K
Typical rent
AED 57K /yr
Typical yield
9.5%
Crystal Residences, Jumeirah Village Circle (JVC): prices, sales and rents →

Other units on the 2nd floor

All 225 units in Crystal Residences
Value
2011-bedAED 730K · Nov 2017
202StudioAED 418K · Dec 2016
203StudioAED 440K · Nov 2023
204StudioAED 410K · Sep 2018
205StudioAED 439K · Dec 2017
206StudioAED 418K · Oct 2017
207StudioAED 420K · Oct 2017
1–7 of 52

242, Crystal Residences in numbers

  • Sold twice: first on 30 March 2017 for AED 397,100, last on 5 September 2022 for AED 325,000 (AED 773 per sqft).
  • Rented since April 2019 on 2 Ejari contracts, from AED 30,000 to AED 24,000 a year.
  • At AED 24,000 a year the gross yield on the 2022 price is 7.4%, before a service charge of about AED 5,500 a year (AED 13.18 per sqft).
  • Studios in Crystal Residences sold for AED 500,000–530,000 in the 12 months to November 2026; the building's median across all types is AED 974 per sqft.

Source: Dubai Land Department. Updated 5 September 2022.

Questions about 242, Crystal Residences

What did unit 242 last sell for?

AED 325,000 on 5 September 2022: AED 773 per sqft for 420 sqft. The unit has 2 registered sales; the first was AED 397,100 in March 2017.

What is the rent for unit 242?

AED 24,000 a year on the contract signed on 24 June 2020. The previous contract, from April 2019, was AED 30,000.

How big is unit 242?

420 sqft (39.0 sqm): a studio on the 2nd floor of a 5-storey tower completed in 2018.

What is unit 242 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in Crystal Residences sold for AED 500,000 to 530,000 in the last 12 months, around AED 974 per sqft.

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Mortgage on 242, Crystal Residences

Starts from the last sale price (AED 325K, 5 September 2022). Switch to today's estimate once you have unlocked it.
Price
AED 325,000
Deposit, UAE resident (20%)
AED 65,000
Deposit, non-resident (40%)
AED 130,000
Monthly over 25 years at 3.7%
AED 1,330

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →